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The chemical industry comprises the companies and other organizations that develop and produce industrial, specialty and other chemicals. Central to the modern world economy , it converts raw materials ( oil , natural gas , air , water , metals , and minerals ) into commodity chemicals for industrial and consumer products .
Chemical & Engineering News publishes an annual list of the world's largest chemical producers by sales, excluding formulated products such as pharmaceutical drugs and coatings. [1] In 2018, sales of the top fifty companies amounted to US$ 951,000,000,000, an increase of 11.8% compared to the top fifty producers of 2017. [ 2 ]
Major retailers are failing to protect consumers from hazardous chemicals and plastics in the products they sell, according to the 2024 Retailer Report Card released Thursday by Toxic Free Future ...
Commodity chemicals are a sub-sector of the chemical industry (other sub sectors are fine chemicals, specialty chemicals, inorganic chemicals, petrochemicals, pharmaceuticals, renewable energy (e.g. biofuels) and materials (e.g. biopolymers)). Commodity chemicals are differentiated primarily by the bulk of their manufacture.
In general the classification of chemical industry products by the Kline matrix is related to the chemicals' worldwide production (measured for example in tons/year) and to their value added. [6] Following this classification, the chemical industry products are divided into four categories: true commodity: high production and high value added
An explosion at a chemical facility in Louisville, Kentucky Tuesday afternoon left at least 11 people hospitalized, officials confirmed. The blast occurred around 3 p.m. local time at the Givaudan ...
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